# PPP loan: MONTGOMERY ARMORED CAR SERVICE INC
> **$249K** approved 04/10/2020 · Paid in Full · Loan `1793487100`
## Borrower
- **Name:** MONTGOMERY ARMORED CAR SERVICE INC
- **Address:** 1701 RIDGEWAY WEST, MONTGOMERY, AL, 36110
- **NAICS:** 561613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $17K
- **Utilities:** $5K
- **Health care:** $7K
- **Jobs reported:** 43
## Lender
- **Originating:** AmeriFirst Bank
- **Servicing:** AmeriFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*